BTC | هفته 19 | نمودار 1ساعته

getting an early start to Week 19 \n\n** T.A explained **\n\nMultiple Time-Frame Analysis; Color Code:\nStrength favors the higher timeframe.\nYearly timeframe = black\nMonthly timeframe = pink\nweekly = grey\ndaily = red\n4hr = orange\n1hr = yellow\n15min = blue\n5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized.)\n\nRanges defined\nA Range = two or more consecutive color candles (2+ in a row, same color creates a range)\n\nThere are two types of ranges - Accumulation Ranges &\nDistribution Ranges.\n*A single candle is a range on a lower timeframe. Mark the candle and then find the range / level on a lower timeframe aka "Range Finding".\nSome people use boxes and call this boxing finding the zone - supply &\n demand zones - and marking the entire range top to bottom. This is acceptable but introduces risk by increasing probability of orders getting filled.\nCandle Science further defines the zone / range into levels. So. after finding a range, identify and label the first and last candle of the range.\n\nThis is Candle Science. Everything has a default expectation and users thinking is guided by IF/THEN statements.\nBelow are the default expectations for each range and the first and last candle within the range.\n\nDISTRIBUTION RANGES:\nWhen price is above a distribution range its default expectation is to support price accumulation.\nThe first distribution candle in a distribution range is labeled as the BackSide Candle (BS).\nExpectation = strong reaction to price. Look for price action to create long wicks reaching to or away from level. A steep angle trend is expected to form so Fair Value Gaps are expected to form on the timeframe of the level and lower timeframes.\nIf a steep angle trend is not forming, and long wicks are not being created then the idea is that liquidity is not there, confidence in the level is low. Price Action may then be looking for more liquidity to and seek it out at the FrontSide Candle.\n\nFrontSide (FS) Candle = The last distribution candle in a distribution range.\nExpectation = create a low angle accumulation trend reversal.\n3 bar reversal patterns laddering up\nl ike the distribution candles are the rungs of an accumulation ladder. price uses the top side of the BackSide Candle or the top side of the FrontSide Candle as support. They are used in bull flags to break distribution trends.\n\nIF price fails to gain a BackSide or FrontSide level THEN they act as RESISTANCE. But we will then train our eyes to look at the bottom side of Accumulation Ranges because they have a default expectation as Resistance.\nWhen Price is below an accumulation candle, the bottom side of the accumulation candle is the level of resistance.\n\nACCUMULATION RANGES DEFINED:\nInverse BackSide Candle (Inv.BS) = the first accumulation candle in an accumulation range.\nExpectation. = strong reaction to price. long wicks reaching to or away from level. Creates a steep angle distribution trend. Usually create F.V.G's and impulsive, volatile moves like the BackSide Candle.\n\nInverse FrontSide Candle (Inv.FS) = The last accumulation candle in an accumulation range.\nExpectation = reversal, create a low angle distribution trend. The bottom side of the accumulation candles are used as resistance levels.\n\nTOOLS USED:\nBoxes - used to define a zone by marking the entire range (if its small) or just one entire candle or just the wick of the candle to define the zone.\n\nHorizontal Ray tool - used to define the level.\nlevels when dashed lines are untested, active level where buyers or sellers are waiting to create a level of interest.\nTested levels are dotted lines. If used, they reference the range and could become Origin levels or R.a.t.s in the future (levels where new trends originate or where traders are using Rejection as A Target to scalp and reverse position - aka stoploss hunters; like the rats they are.\n\nAgain the color code:\nYearly timeframe color is Black\nMonthly timeframe is color pink\nweekly grey\ndaily is red\n4hr is orange\n1hr is yellow\n15min is blue\n5min is green if they are shown.\n\nstrength favors the higher timeframe.